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Agarwal Industrial Corporation reports net loss of Rs 1.24 crore in Q4

02 Jun 2012 Evaluate

Agarwal Industrial Corporation has reported results for the fourth quarter and year ended March 31, 2012.

On the standalone basis, the Company has reported net loss of Rs 1.24 crore for the quarter ended March 31, 2012, against net loss of Rs 1.40 crore for the corresponding period last fiscal. However, total income of the company increased by 105.19% to Rs 45.82 crore during the quarter under review from Rs 22.33 crore in the year-ago period.

For the full year ended March 31, 2012 the company has posted a rise of 28.49% in its net profit at Rs 2.21 crore as compared to Rs 1.72 crore for the same period in the previous year. Total income has increased by 40.79% at Rs 78.52 crore for year under review as compared to Rs 55.77 crore for the period ended March 31, 2011

For the full year ended March 31, 2012, on the consolidated basis, the company has posted a rise of 42.95% in its net profit at Rs 2.23 crore as compared to Rs 1.56 crore for in the previous year. Total income has increased by 40.05% at Rs 81.51 crore for year under review as compared to Rs 58.20 crore for the period ended March 31, 2011.

Agarwal Indl. Corp Share Price

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